Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: INCOME FROM MEMBERS

  total $8,196,615 · related or exempt $8,196,615

• 2b · Program service revenue: RENT FROM AFFILIATED ORGANIZATION

  total $753,636 · related or exempt $753,636

• 2c · Program service revenue: REIMBURSED EXPENSES

  total $395,989 · related or exempt $395,989

• 2d · Program service revenue: ORGANIZING SUBSIDIES

  total $238,102 · related or exempt $238,102

• 3 · Investment income

  total $400,844 · excluded $400,844

• 6a · Gross rents

  real property $56,875

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $56,875

• 6d · Net rental income or loss

  total $56,875 · excluded $56,875

• 11a · Other revenue: REAL ESTATE TAX REFUND

  total $33,304 · excluded $33,304

• 11b · Other revenue: MISCELLANEOUS INCOME

  total $32,187 · excluded $32,187

• 11e · Other revenue, total

  $65,491

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $26,359

• 4 · Benefits paid to or for members

  total $10,064

• 5 · Compensation of officers, directors and key employees

  total $903,432

• 7 · Other salaries and wages

  total $2,583,118

• 8 · Pension plan contributions

  total $286,771

• 9 · Other employee benefits

  total $654,124

• 10 · Payroll taxes

  total $297,101

• 11b · Fees: legal

  total $284,287

• 11c · Fees: accounting

  total $37,862

• 11g · Fees: other

  total $11,216

• 13 · Office expenses

  total $324,843

• 14 · Information technology

  total $112,519

• 16 · Occupancy

  total $715,625

• 17 · Travel

  total $167,472

• 19 · Conferences, conventions and meetings

  total $298,188

• 20 · Interest

  total $14,833

• 21 · Payments to affiliates

  total $1,552,013

• 22 · Depreciation, depletion and amortization

  total $59,319

• 23 · Insurance

  total $239,978

• 24a · Other expenses: SERVICING AND ORGANIZIN

  total $134,510

• 24b · Other expenses: SHOP STEWARD REBATES

  total $60,915

• 24c · Other expenses: LOCAL UNION AFFILIATE R

  total $24,940

• 24d · Other expenses: MEMBER RECREATION

  total $6,289

• 24e · All other expenses

  total $10,292

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $387,260 · end of year $536,175

• 2 · Savings and temporary cash investments

  beginning of year $6,641,366 · end of year $6,909,706

• 8 · Inventories for sale or use

  beginning of year $36,475 · end of year $34,699

• 10a · Land, buildings and equipment: cost or other basis

  $2,146,307

• 10b · Land, buildings and equipment: accumulated depreciation

  $1,661,570

• 10c · Land, buildings and equipment, net

  beginning of year $513,876 · end of year $484,737

• 12 · Investments: other securities

  beginning of year $962,814 · end of year $962,814

• 15 · Other assets

  beginning of year $5,679 · end of year $5,679

• 23 · Secured mortgages and notes payable

  beginning of year $917,136 · end of year $11,917

• 25 · Other liabilities

  beginning of year $318 · end of year $395

• 27 · Net assets without donor restrictions

  beginning of year $7,630,016 · end of year $8,921,498

The filer's explanations (Part III)

PART I, LINE 1A

THE HOUSING ALLOWANCE IS DETERMINED ON A CASE BY CASE BASIS AS COMPANY EMPLOYEES ARE MOVED FROM ONE STATE TO ANOTHER STATE TO PROVIDE SERVICE TO ITS MEMBERS.